8 Bedroom
6 Bathroom
3,500 - 5,000 ft2
Central Air Conditioning
Forced Air
$1,699,000
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. (id:37553)
Property Details
|
MLS® Number
|
X12604836 |
|
Property Type
|
Multi-family |
|
Community Name
|
4403 - Old Ottawa South |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Above Ground
|
8 |
|
Bedrooms Total
|
8 |
|
Appliances
|
Dishwasher, Dryer, Two Stoves, Washer, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Type
|
N/a (finished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Foundation Type
|
Concrete, Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
162 Ft |
|
Size Frontage
|
30 Ft ,4 In |
|
Size Irregular
|
30.4 X 162 Ft |
|
Size Total Text
|
30.4 X 162 Ft |
|
Zoning Description
|
R3 |
https://www.realtor.ca/real-estate/29166189/26-aylmer-avenue-ottawa-4403-old-ottawa-south